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while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will remember back in 2011 the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged, business investment plunged, growth dropped. we can't go down that path again. and today's agreement enshrines, i think, a principle into law that will remain in place as long as i am president. the deficit needs to be reduced in way that's balanced. everyone pays their fair share. everyone does their part. that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward tha
while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will...
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while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will remember back in 2011 the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged, business investment plunged, growth dropped. we can't go down that path again. and today's agreement enshrines, i think, a principle into law that will remain in place as long as i am president. the deficit needs to be reduced in way that's balanced. everyone pays their fair share. everyone does their part. that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward tha
while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will...
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while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will remember back in 2011 the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged, business investment plunged, growth dropped. we can't go down that path again. and today's agreement enshrines, i think, a principle into law that will remain in place as long as i am president. the deficit needs to be reduced in way that's balanced. everyone pays their fair share. everyone does their part. that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward tha
while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will...
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. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already wracked up. the congress refuses to give the united states government the ability to pay these bills on time. and the consequences for the entire global economy would be catastrophic. far worse than the impact of a fiscal cliff. >> so that was the president, let's talk to brianna keilar. covers the white house for us. live this morning from washington. brianna, we ran through the biggies there in the bill. i want you to run through what's not included in this bill. >> what you just mentioned, the spending cuts that are only in police for two months and then have to be dealt with, and the fact that the debt ceiling is going to be hit. right now, the treasury is taking extraordinary measures so it doesn't. but ultimately, congress will have to act in late february or early march. those are the things that congress has absolutely no choice. there is a deadline. have to deal with it. but democrats and republicans in the white house have also said they want to tackle
. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already wracked up. the congress refuses to give the united states government the ability to pay these bills on time. and the consequences for the entire global economy would be catastrophic. far worse than the impact of a fiscal cliff. >> so that was the president, let's talk to brianna keilar. covers the white house for us. live this morning from washington. brianna,...
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. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws they passed. we can't not pay bills we have already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be cat stenographic, far worse than the impact of a fiscal cliff. >>> let's bring in brianna keilar. a lot of people are talking about winners and losers, but c'mon, i feel like we're all losers in this, considering we didn't get a deal, we just got a patch. >> reporter: that is true. i don't think it's ever really healthy for americans when you're kind of going through this process every year, whether it's the a.m.t. fix or tax cuts, so i think the fact that those tax cuts were permanently extended actually is a good thing, because it is difficult when they aren't, but yeah, i think that you look at especially now the environment of things as this is a congress that the president wants to undertake other issues like immigratio
. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws they passed. we can't not pay bills we have already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be cat stenographic, far worse than the impact of a fiscal cliff. >>> let's bring in brianna keilar. a lot of people are...
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. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up through the laws that they passed. let me repeat, we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will remember back in 2011 the last time this course of action was threatened, our entire recovery was put at risk, consumer confidence plunged, business investment plunged, the growth dropped. we can't go down that path again. >> while the president says that he won't negotiate, there is another battle brewing in washington, it's been tweeted the gop and its far right tea party members, republicans breaking ranks with their house majority leader eric cantor to vote for a plan, 85 house republicans voted for the deal, 151 republicans voted against the deal, including cantor, and that didn't sit wel
. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up through the laws that they passed. let me repeat, we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff....
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. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. if congress refuses to give the united states government the ability to pay these bills on time, the consequences would be catastrophic. >> brianna kealar is live from washington working triple duty for us. so tell us more about what is not included in this deal and what battles are now looming in congress. >> let's say first what is in the deal that is important to note. and that is that when you're talking about these tax cuts that have been extended for people making $3450,000 or less as a couple $400,000 or less as an individual, they're prmly extended. so that's pretty significant because that isn't just some stop gap one year, two year measure. the issues that aren't tackled are what the fiscal cliff was supposed to serve as an incentive to do and that is dealing with the fiscal health of the country. entitlement reform, tax reform. social security, medicare, making those cost less over time. and also of course the debt ceiling isn't dealt with an
. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. if congress refuses to give the united states government the ability to pay these bills on time, the consequences would be catastrophic. >> brianna kealar is live from washington working triple duty for us. so tell us more about what is not included in this deal and what battles are now looming in congress. >> let's say first what is in the deal...
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. >> while i will negotiate over many things i will not another debate with this congress over whether or not they should pay the bills that they already wracked up with the laws that they passed. >> the president says another debt ceiling debate would be worse than the fiscal cliff. the president, as he pointed out, here in hawaii on the first day back, part two of his vacation, the president went to the gym and on the gulf course and released a youtube video defending the deal. take a listen. >> every since i took office my preference was to reach a bigger agreement to balance the debt in a responsible way, and instead we are solving the problem in several steps. >> reporter: what is still unclear is how or when the president will sign that fiscal cliff deal. it could be auto penned or flown out here, but what is clear is the president said she will sign it. >> the president got involved in the funding of the victims of the super storm sandy. tell us what he did? >> reporter: in a statement the president said, quote, when tragedy strikes americans come together to support those in ne
. >> while i will negotiate over many things i will not another debate with this congress over whether or not they should pay the bills that they already wracked up with the laws that they passed. >> the president says another debt ceiling debate would be worse than the fiscal cliff. the president, as he pointed out, here in hawaii on the first day back, part two of his vacation, the president went to the gym and on the gulf course and released a youtube video defending the deal....
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best in your deliberations tonight. >>> we're continuing to cover what's going on in congress. still waiting to see what they vote on, but there's expected to be a vote tonight. a lot of conversation about who wins and who loses. we need to come around to an idea in a real compromise, everybody gives something up. >> that's exactly right. that's just the reality. especially with divided government. you want all or nothing, you get nothing. the good news it looks like there will be some kind of a patch. but to dave swikert's point, the congressman you just spoke to, implies that you supported all those efforts in the back. where was he when obama and boehner were negotiating a year and a half. were you backing the bowles/simpson plan because if you're only waking up and complaining about that now, you're part of the problem, not the solution. we'll be dealing with this in two months. we'll have another debacle. if you've been on the far right and arguing against these balanced negotiations in the past, you're part of the problem tonight, not the solution. >> but there is redempt
best in your deliberations tonight. >>> we're continuing to cover what's going on in congress. still waiting to see what they vote on, but there's expected to be a vote tonight. a lot of conversation about who wins and who loses. we need to come around to an idea in a real compromise, everybody gives something up. >> that's exactly right. that's just the reality. especially with divided government. you want all or nothing, you get nothing. the good news it looks like there will...
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. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >>> while markets react positively to the fiscal cliff deal, and wall street is poised for a big day. but how else will the agreement affect your wallet? >>. >>> and a rose parade reunion. an american soldier home from afghanistan surprises his family in front of thousands of spectators and millions watching at home. captioning funded by cbs >>> this is the "cbs morning news" for wednesday, january 2nd, 2013. good morning, everyone. i'm terrell brown. >>> the economy avoided the fiscal cliff but just barely. the house late last night passed the senate bill that avoids the tax hikes and spending cuts expected to start this year. they raised the incomes of those over $400,000. it raises taxes on the portions of estates that exceeds $5 million, long-term unemployment benefits have been extended, and across-the-board spending cuts have been put on hold for two months. tara mergener is in washington with more. tear are, good morning to you. >> good morning,
. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >>> while markets react positively to the fiscal cliff deal, and wall street is poised for a big day. but how else will the agreement affect your wallet? >>. >>> and a rose parade reunion. an american soldier home from afghanistan surprises his family in front of thousands of spectators and millions watching at home. captioning funded...
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. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >>> the budget deal boosts asian stocks in hong kong and australia hitting 19-month highs in the first trading session of the year. >>> european equities also share a deal out of washington despite more gloom from the eurozone. manufacturing has continued to contract according to the latest pmi. >>> okay. 2013, a warm welcome to viewers of "worldwide exchange." my special families to a family called the wards. thank you for hosting my family over the new year. personalities out of the way, eurozone, still looking glum despite the market reaction to the fiscal cliff deal this morning. to recap, the eurozone december following manufacturer pmi, 46.1, the flash was 46.3. the final output index, 46, weaker than the 46.1 flash, 46.1 in december. and the november number for orders 44.2. the eurozone in sort of the slowdown in the eurozone factory activity deepening in december. new orders falling. in spain it was worse, as we
. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >>> the budget deal boosts asian stocks in hong kong and australia hitting 19-month highs in the first trading session of the year. >>> european equities also share a deal out of washington despite more gloom from the eurozone. manufacturing has continued to contract according to the latest pmi....
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>> i will not have another debate with this congress over whether or not they should pay the bills they have already racked up. >> the u.s. agrees to a budget deal but more tough bargaining plays ahead. -- lays ahead. >> this is "al jazeera." frustration mounts and the african republic. police throw teargas at the capitol. and ivory coast investigation. a deadly stampede. plus -- >> what is the game that has 70 palestinians confused? -- so many palestinians confused? after months of negotiations, u.s. politicians have finally made a deal to avert the so- called fiscal cliff. the agreement passed the house of representatives. here are some of the main points of the deal -- taxing will not be increased for those earning less than $400,000. benefits for unemployed will be extended for another year. the plan to cut 900 billion has been delayed at least until march. >> the moment the house voted in favor of the bill to keep the u.s. from going over the fiscal cliff permanently. >> the motion is adopted. the motion to reconsider is laid upon the table. >> the measure passing 257 in favor to 2
>> i will not have another debate with this congress over whether or not they should pay the bills they have already racked up. >> the u.s. agrees to a budget deal but more tough bargaining plays ahead. -- lays ahead. >> this is "al jazeera." frustration mounts and the african republic. police throw teargas at the capitol. and ivory coast investigation. a deadly stampede. plus -- >> what is the game that has 70 palestinians confused? -- so many palestinians...
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after months of debating and back room deals, congress has passed a bill which will pull the country back from the "fiscal cliff." >> on this vote. yeas are 257, the nays 167. >> reporter: it extends bush- era tax rates for every american making less than $400,000 and couples who make less than $450,000. it delays for two months a 110 billion-dollar across the board spending cuts. >> i'd like to be speaking for this bill. but i can't. >> reporter: 151 republicans, including eric cantor, the number 2 ranking house member, voted against the bill because it doesn't address spending. >> what we're really doing is raising taxes to give the president more money to spend. >> reporter: president obama has promised to work with congress to find more spending cuts in the future. but he urge them not to play politics with the debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> reporter: treasury secretary timothy geithner has warned congress the country is just a few months away from defaulting on it
after months of debating and back room deals, congress has passed a bill which will pull the country back from the "fiscal cliff." >> on this vote. yeas are 257, the nays 167. >> reporter: it extends bush- era tax rates for every american making less than $400,000 and couples who make less than $450,000. it delays for two months a 110 billion-dollar across the board spending cuts. >> i'd like to be speaking for this bill. but i can't. >> reporter: 151...
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after months of debating and back room deals, congress has passed a bill which will pull the country back from the "fiscal cliff." >> on this vote the yays are 257, the nays are 167. >> reporter: the bill extends bush-era tax rates for every american making less than $400,000 and couples who make less than $450,000. it delays for two months $110 billion in across-the-board spending cuts. >> i'd like to be speaking for bill but i can't. >> reporter: 151 republicans including eric cantor the number 2 ranking house member voted against the bill because it doesn't address spending. >> what we're really doing is raising taxes to give the president more money to spend. >> reporter: president obama ahead promised to work with congress to find more spending cuts in the future. but he urged them not to play politics with the nation's debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> reporter: treasury secretary timothy geithner has warned congress that the country is just a few months away from d
after months of debating and back room deals, congress has passed a bill which will pull the country back from the "fiscal cliff." >> on this vote the yays are 257, the nays are 167. >> reporter: the bill extends bush-era tax rates for every american making less than $400,000 and couples who make less than $450,000. it delays for two months $110 billion in across-the-board spending cuts. >> i'd like to be speaking for bill but i can't. >> reporter: 151...
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last night president obama said he's not willing to debate congress on the borrowing limit. >> we can not not pay bills that we've already occurred. >> reporter: karen travers, abc news, washington. >>> for all of you holiday eaters, cot overweight actually be better for your health? we'll tell you about the recent study which suggests you may not want to lose those pounds. >>> and how the stievers of sandy hook are moving forward. >>> listen up if you're trying to lose those extra holiday powbd -- pownlsd. researchers found having a higher bmi may have a slightly lower chance of dying. those slightly overbeast were not much greater than a normal rate. now don't get too excited, though. experts warn the study does not prove that being overweight is a good thing. >>> scientists say for the first time image tests show fructose can spark brain images. women who spent eight weeks practice -- eating fructose, the brain doesn't register it. researchers say the study is too small to offer proof but does add to the evidence that fructose may play a role in overeating. >>> if you're planning o
last night president obama said he's not willing to debate congress on the borrowing limit. >> we can not not pay bills that we've already occurred. >> reporter: karen travers, abc news, washington. >>> for all of you holiday eaters, cot overweight actually be better for your health? we'll tell you about the recent study which suggests you may not want to lose those pounds. >>> and how the stievers of sandy hook are moving forward. >>> listen up if you're...
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last night president obama declared he is not willing to debate congress on the borrowing limit. >> we can't not pay bills that we have already incurred. >> president obama said if congress refuses to raise the debt ceiling the consequences for the global economy would be catastrophic far worse than any fiscal cliff. >>> another high profile vote could come towed. this morning president obama told house republicans they should vote now on hurricane sandy aid, quote, without delay. this has new york lawmakers chastised house republicans for deciding to put the vote off for a few months. people in the region are still trying to recover with the worst winter months still ahead. the senate approved a $60 billion measure friday while a house committee drafted a bill about half that size. >>> students from sandy hook elementary got a sneak peek at the campus where they will go back to school tomorrow. an open house was held this morning at a school in nearby monroe. they have refurbished it and making the classrooms look just like those in sandy hooks. they brought in desks and backpacks to
last night president obama declared he is not willing to debate congress on the borrowing limit. >> we can't not pay bills that we have already incurred. >> president obama said if congress refuses to raise the debt ceiling the consequences for the global economy would be catastrophic far worse than any fiscal cliff. >>> another high profile vote could come towed. this morning president obama told house republicans they should vote now on hurricane sandy aid, quote, without...
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last night president obama declared he is not willing to debate congress on the borrowing limit. >> we can't not pay bills that we have already incurred. >> president obama said if congress refuses to raise the debt ceiling the consequences for the global economy would be catastrophic far worse than any fiscal cliff. >>> another high profile vote could come towed. this morning president obama told house republicans they should vote now on hurricane sandy aid, quote, without delay. this has new york lawmakers chastised house republicans for deciding to put the vote off for a few months. people in the region are still trying to recover with the worst winter months still ahead. the senate approved a $60 billion measure friday while a house committee drafted a bill about half that size. >>> students from sandy hook elementary got a sneak peek at the campus where they will go back to school tomorrow. an open house was held this morning at a school in nearby monroe. they have refurbished it and making the classrooms look just like those in sandy hooks. they brought in desks and backpacks to
last night president obama declared he is not willing to debate congress on the borrowing limit. >> we can't not pay bills that we have already incurred. >> president obama said if congress refuses to raise the debt ceiling the consequences for the global economy would be catastrophic far worse than any fiscal cliff. >>> another high profile vote could come towed. this morning president obama told house republicans they should vote now on hurricane sandy aid, quote, without...
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and he lost his race in arizona but is now chairing this debate in the 112th congress. the debate on the rule. it continues before we get to the debate and the vote on the senate bill. as we talk about and look at live at the house floor we will cover all of the action here on fox news channel. bring in our panel tonight. steve hayes, senior writer for the weekly standard. a.b. stoddard associate editor of the hill and charles krauthammer. looks like it could be a long evening here. the bottom line is it looks like republicans going to hein up behind this fiscal cliff legislation. >> i think at the end of the long road or at the bottom of the cliff but we are now being returned to the top because nothing really happens until the markets open tomorrow. and this will be done before the markets open. and this will pass. and that means that everything drastic that would have happened automatically, the hike in tax rates, income tax rates for everybody, the alternative minimum tax, all of these things which have taken a huge bite out of consumers and citizens that is all goi
and he lost his race in arizona but is now chairing this debate in the 112th congress. the debate on the rule. it continues before we get to the debate and the vote on the senate bill. as we talk about and look at live at the house floor we will cover all of the action here on fox news channel. bring in our panel tonight. steve hayes, senior writer for the weekly standard. a.b. stoddard associate editor of the hill and charles krauthammer. looks like it could be a long evening here. the bottom...
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. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >> so he's drawn the line. i mean, what are they saving over on the republican side? >> well, certainly i don't think republicans would agree with that at all. in fact, keeping the debt ceiling out of this deal was one of the few wins for republicans and they see the ability to use that ceiling again as leverage to get the kind of spending cuts they say are needed to get the deficit under control and that was part of the negotiating position, you know, that mitch mcconnell took when he came in and worked a deal with joe biden, that they didn't put this in there. and that was a win for republicans. it's going to be tough for the president. >> here's what new york congressman steve israel said about not just the debt ceiling but all three of these imminent deadlines. this was a little earlier this morning. >> if we can find republicans to join with us and quit playing games with th
. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >> so he's drawn the line. i mean, what are they saving over on the republican side? >> well, certainly i don't think republicans would agree with that at all. in fact, keeping the debt ceiling out of this deal was one of the few wins for republicans and they see the...
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after months of debating and back room deals, congress has passed a bill which will pull the country back from the fiscal cliff. >> on this vote the yays are 257. the nays are 167. >>> the bill extends the bush-era tax rates for individuals earning $400,000 per year and couples $450,000. it also delays across-the-board spends cuts. >> i'd like to speak for this bill but i can't. >> 151 voted against the bill because it doesn't address spending. >> what we're really doing is raising taxes to give the president more money to spend. >> president obama has promised to work with congress to find more spending cuts in the future, but he urged them not to play politics with the nation's debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >> treasury secretary of state timothy geithner has warned congress the country is a few months away from defaults on its loans for the first time in u.s. history. >> consequences for the entire global economy would be catastrophic, far worse than the impact of a fisc
after months of debating and back room deals, congress has passed a bill which will pull the country back from the fiscal cliff. >> on this vote the yays are 257. the nays are 167. >>> the bill extends the bush-era tax rates for individuals earning $400,000 per year and couples $450,000. it also delays across-the-board spends cuts. >> i'd like to speak for this bill but i can't. >> 151 voted against the bill because it doesn't address spending. >> what we're...
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i will not have another debate with this congress. over whether or not they should pay bills they racked up. >> the white house officials say the president has the position because the last debate was harm to feel the economy. republicans insist we can't afford to not have the debate when we're $16 trillion in debt. they believe this is the only weapon to force the president to cut more spending. bret? >> bret: ed henry live on the north lawn. thank you. stocks finished ahead today now. that the fiscal cliff teal is in the books. the dow added 308. the s&p 500 was up 36. the nasdaq closed ahead 93. get analysis now of the wall street reaction. and reaction from world markets to this fiscal cliff deal. from melissa francis. markets seemed relieved today. why? >> we saw the dow go up. mostly because the deal got done. they liked something rather than nothing. the markets usually go up. if you look at the last couple of years since 2009, they have gone up between 1-3%. with or without a deal, in the normal range. at the end of the day wh
i will not have another debate with this congress. over whether or not they should pay bills they racked up. >> the white house officials say the president has the position because the last debate was harm to feel the economy. republicans insist we can't afford to not have the debate when we're $16 trillion in debt. they believe this is the only weapon to force the president to cut more spending. bret? >> bret: ed henry live on the north lawn. thank you. stocks finished ahead today...
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with this congress over paying u.s. bills up against the debt ceiling debate. republicans and mitch mcconnell working very closely with vice president biden signaled that that debate is coming. that very debate that the president said he will not have, again. let's bring in our panel for final thoughts. steve hays, amy stoddard and charles krauthammer. charles? >> i think the president laid down the marker. we have to increase investments which is democratic way of saying spending growth, bridges, are indeed education etc.. so it's clear he wants to increase spending he's willing to give a nod to a cut here and there but wants more spending and more taxes that. is what he said again and again. we have to raise revenues, close loopholes so he's going get a seconds shot at raising taxes. that, i think is his objective. he repeated this idea i'm not going to debate. speaking about raising the debt ceiling. i think that is a bluff he cannot keep. he's going to put the economy in jeopardy. last time we had a debt ceiling iss
with this congress over paying u.s. bills up against the debt ceiling debate. republicans and mitch mcconnell working very closely with vice president biden signaled that that debate is coming. that very debate that the president said he will not have, again. let's bring in our panel for final thoughts. steve hays, amy stoddard and charles krauthammer. charles? >> i think the president laid down the marker. we have to increase investments which is democratic way of saying spending growth,...
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obama warned he will not have a debate over this congress. >> someone gets swept out to see. this time a couple was out walking their dog when they were hit by a dangerous wave. cbs 5 reporter on the rescue and how it ended. >> a couple out for a new year's day walk got into serious trouble when they were hit by a sneaker wave. the woman and dog were knocked down. the man jumped in after them. this happened this after. >> while that was happening either the dog was trying to be rescued by the husband or he was trying to assist with her and he was swept out and they were unable to get him. >> the dog made it back to shore. the 59-year-old man did not. a witness said he tried to save him. he was floating about 80 yards off shore. >> we were going to throw a rope but we saw he wasn't reacting. >> the coast guard, marine county fire department launched a search. on a day with larger than normal waves and strong currents. >> the helicopter circled around very tight and low for quite a while. we were thinking wow, maybe we'll see them rescue somebody. but nope. >> at 4:00 the coast
obama warned he will not have a debate over this congress. >> someone gets swept out to see. this time a couple was out walking their dog when they were hit by a dangerous wave. cbs 5 reporter on the rescue and how it ended. >> a couple out for a new year's day walk got into serious trouble when they were hit by a sneaker wave. the woman and dog were knocked down. the man jumped in after them. this happened this after. >> while that was happening either the dog was trying to...
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i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they've passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama. a little less brinksmanship. not scare the heck out of folks quite as much. >> well, the president doesn't want to scare us too much. nbc's tracie potts is live for us on capitol hill. tracie, it was a new year's day to remember. >> it was. this came a day late but just in time for the markets reopening this morning and just in time for many americans who were very concerned about their tax rates going up. that's an area that democrats gave him. couples who make $450,000 or more are going to have higher tax rates. you heard the president alludi
i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they've passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a...
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taxes further. >> i will not have another debate with congress over whether or not they should pay the bills they have already racked up. >> of late this afternoon, house republican leaders backed down over their decision to postpone a force and the victims after both parties blasted lack of action. now, congress will vote on $9 billion in aid and additional aid later when congress officially returns to the new session. >> we are going to stick with the fiscal cliff for a moment because lawmakers are not the only ones sounding off about it. we have reaction from taxpayers to how much more they will still be paying. >> it is a huge concern not just for lawmakers but many americans. what does this deal really mean for me? we did not find a lot of people celebrating here in washington. >> i will have to pay more even though i am still working the same job i worked last year. >> that is part of the brutal truth. while income tax hikes were avoided, the 2% increase in social security contributions will mean a lighter paycheck across the board. >> 2% ain't nothing. >> maybe so, when you look
taxes further. >> i will not have another debate with congress over whether or not they should pay the bills they have already racked up. >> of late this afternoon, house republican leaders backed down over their decision to postpone a force and the victims after both parties blasted lack of action. now, congress will vote on $9 billion in aid and additional aid later when congress officially returns to the new session. >> we are going to stick with the fiscal cliff for a...
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. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> nbc's kelly o'donnell is live on capitol hill. and nbc's mike viqueira joins us from the white house. kelly, let's start with you. you look remarkably well for what i can only mablg has been a rough last couple of days. >> oh, you're kind, chris, thank you. >> we rolled out kind of a basic nuts and bolts of the deal. give me a sense on what the mood is, how people are feeling? do people feel republicans won, democrats won? is there a winner in something like this? who got what they wanted and who didn't? >> reporter: well, if you can look past the exhaustion and the over-caffeinated atmosphere that everyone has hear, i think you do see that most people will say that the president gets a victory on this and that democrats have plenty that they are happy about in the package, and that republicans are, in fact, sort of reorganizing for what they believe will be greater leverage in the weeks to come. a signal fr
. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up. >> nbc's kelly o'donnell is live on capitol hill. and nbc's mike viqueira joins us from the white house. kelly, let's start with you. you look remarkably well for what i can only mablg has been a rough last couple of days. >> oh, you're kind, chris, thank you. >> we rolled out kind of a basic nuts...
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while i will negotiate over many things i will not have another debate with this congress whether or not they should pay the bills we have already wracked up. seems like he is not willing to entertain a fight over the debt ceiling bill. bill: do republicans trust the president's promise when he talks about spending cuts and really taking a hard look at those? >> reporter: bill, from several republicans i have spoken to seems they have this sense or learned to have this sense not to the pay too much attention to what the president says but to pay attention to what he does. listen to this remarkable statement from senator richard shelby on "fox and friends" a few short moments ago. >> i think that the president missed a great opportunity, one of leadership. he is just been reelected. he has four years left and this will be part of his legacy, the failure to step up and do the big thing when he could. he could have brought leadership to the table. he didn't. now he is wanting to talk about cutting spending? it is kind of a joke. >> reporter: some see this looming battle two months down
while i will negotiate over many things i will not have another debate with this congress whether or not they should pay the bills we have already wracked up. seems like he is not willing to entertain a fight over the debt ceiling bill. bill: do republicans trust the president's promise when he talks about spending cuts and really taking a hard look at those? >> reporter: bill, from several republicans i have spoken to seems they have this sense or learned to have this sense not to the...
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but he urged them not to play politics with the nation's debt limit. >> i will not have another debate with this congress other than over whether they should pay the bills they have already racked up. >> reporter: the country is just a few months away from defaulting on their loans for the first too many in history. >> it would be catastrophic, far worse than the "fiscal cliff." >> reporter: many republican congressmen say the debt limit debate is the last chance for them to secure the deep spending cuts necessary to pay down our nation's debt. tara mergener for cbs news, washington. >>> after his address, president obama returned to hawaii to finish his vacation and will sign the bill there. >>> most overseas stock markets rose on news of the u.s. "fiscal cliff" has been averted. the kospi stock exchange in south korea celebrated its first trading day in 2013. it finished up as did hong kong, australia, germany, britain and france. here in the u.s., the new year's first day of trading begins in about two hours. >>> people affected by hurricane sandy will have to wait for the next sess
but he urged them not to play politics with the nation's debt limit. >> i will not have another debate with this congress other than over whether they should pay the bills they have already racked up. >> reporter: the country is just a few months away from defaulting on their loans for the first too many in history. >> it would be catastrophic, far worse than the "fiscal cliff." >> reporter: many republican congressmen say the debt limit debate is the last...
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while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws that they have passed. let me repeat. we can't not pay bills that we have already incurred. if congress refuses to fail to give us the ability to pay these bills on time, the consequences for the global economy would be catastrophic. far worse than the impact of a fiscal cliff. people will remember back in 2011 the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged, this meant business investment plunge, quote growth dropped. we can't go down that path again. this will remain in place as long as i am president. the deficit needs to be reduced in a way that is balanced. everyone pays their fair share. everyone does their part. that is how our economy works best. that's how we grow. the sum total of all budget agreements we have reached so far proves that there is a path forward, that it is possible. if we focus not on our politics but on what
while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws that they have passed. let me repeat. we can't not pay bills that we have already incurred. if congress refuses to fail to give us the ability to pay these bills on time, the consequences for the global economy would be catastrophic. far worse than the impact of a fiscal cliff. people will remember back in 2011...
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i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. let me repeat. we can't not pay bills that we've already incurred. >> the debt ceiling is coming, the sequesters are coming. cue the next countdown clock. joining us now from washington, the sage of capitol hill, hardest-working man in news business, nbc's luke russert. the first question i have to ask you, do you sleep, and will you ever get a vacation? >> no and no is the answer right now. >> never. >> i missed it completely. it's funny, my colleagues down on capitol hill, too, missed christmas, missed new year's. new year's eve on capitol hill is quite an experience. nothing like being with oren hatch at the midnight hour. >> getting the fiscal deal, less than an hour to go, but is this just the small battle, and is the real fight willing to come? because republicans are already signaling that they want the debt limit to be when they really stand their ground. >> one of the criticisms people have of pundits and reporters
i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. let me repeat. we can't not pay bills that we've already incurred. >> the debt ceiling is coming, the sequesters are coming. cue the next countdown clock. joining us now from washington, the sage of capitol hill, hardest-working man in news business, nbc's luke russert. the first question i have to ask you, do you sleep, and will...
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. >> i will negotiate over many things, i will not have another debate with this congress over whether they should pay the bills they have racked up through the laws they passed. >>reporter: he means the white house believes a year and a half ago when they had the debate about the debt ceiling it hurt the markets, scared consumers, and had a damaging impact on the economy. they believe previous presidents have been able to get congress both of democrat and republican control to extend the debt ceiling but now the debt so high, that it is a major, major debate. >>gregg: finally, many republicans say the debt ceiling fight is their only way to get the president to cut more spending. is that their biggest leverage? >>reporter: it is. republicans took a beating over the fact that the deal has tax increases for the rich but did not have the spending cuts that speaker boehner and others called for. they believe the debt ceiling fight is the only way to force the president into a corner because he wants the debt ceiling raise. in exchange republicans will push for more spending cuts. here is
. >> i will negotiate over many things, i will not have another debate with this congress over whether they should pay the bills they have racked up through the laws they passed. >>reporter: he means the white house believes a year and a half ago when they had the debate about the debt ceiling it hurt the markets, scared consumers, and had a damaging impact on the economy. they believe previous presidents have been able to get congress both of democrat and republican control to...
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is he pouring salt into the wound saying "i am not having another debate with the congress." that's the purpose of congress. takes two to tango, doesn't it? >> it does. the debt ceiling is something that congress passes, and he's asking congress to seed that authority. the point of view from democrats and the president is congress appropriates the spending, the president signs it into law, and then because of that spending, you have to raise the debt ceiling as a second maneuver, but you approved the spending, why not raise the debt ceiling? last time democrats believed they won the pr debate on the debt ceiling, and going into this, i imagine they believe the same again. adam: rich edson in washington, thank you very much. cheryl: a lot to cover coming up for us. if you just got a flat screen hdtv for christmas, it could be outdated soon. the tv industry -- yeah, your tv -- gearing up to promote what they call ultrahigh definition televisions promising four times resolution of existing television. here's the catch, though, the price, sony's 84 inch ultra sets priced at $25,0
is he pouring salt into the wound saying "i am not having another debate with the congress." that's the purpose of congress. takes two to tango, doesn't it? >> it does. the debt ceiling is something that congress passes, and he's asking congress to seed that authority. the point of view from democrats and the president is congress appropriates the spending, the president signs it into law, and then because of that spending, you have to raise the debt ceiling as a second...
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i will not have another debate with this congress over whether or not they should pay the bills that they have already wracked up through the laws they passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government time to pay these bills on time, the result will be catastrophic. hopefully we will focus on seeing if we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> the president doesn't want to scare us quite as much. nbc's tracie potts is on capitol hill. that was a new year's day to remember. >> it was. it was just in time for many americans who were concerned for tax rates going up. couples who make $450,000 or more will have higher tax rates here. you heard the president also talking about or eluding to the debt ceiling, that's a fight the congress still has to deal with, as the president made reference to paying those bills we already incurred. john boehner was able to gather together 85 votes in favor of this bil
i will not have another debate with this congress over whether or not they should pay the bills that they have already wracked up through the laws they passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government time to pay these bills on time, the result will be catastrophic. hopefully we will focus on seeing if we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the...
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. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up through the laws they passed. let me repeat, we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. far worse than the impact of a fiscal cliff. people will remember back in 2011, the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged, business investment plunged, growth dropped. we can't go down that path again. >> the president draws a line on one of the upcoming fights. joining us now is mike allen to review a little bit about what happened yesterday. mike, we were not sure there would be a vote at some point. obviously the house felt a bit jammed by the senate. did mitch mcconnell jam john boehner and force boehner's hand? >> he didn't force boehner's hand, but he did step up in a way th
. >> while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up through the laws they passed. let me repeat, we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. far worse than the impact of a fiscal cliff. people...
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with this congress over whether or not they should pay the bills that they have already racked up. let me repeat -- we cannot not pay bills that we have already incurred. congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. far worse than the impact of a fiscal cliff. people will remember back in 2011, the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged business investment plunged growth dropped. we cannot go down that path again. today's agreement enshrines a principle into law that will remain in place longer than i am president. the deficit needs to be reduced in a way that is balanced. everyone pays their fair share everyone does their part. that is how our economy works best. that is how we grow. the sum total of all the budget agreement's we have reached so far proves that there is a mass goal, that it is possible if we focus not on our politics, but on what is right for the country. the one thing that
with this congress over whether or not they should pay the bills that they have already racked up. let me repeat -- we cannot not pay bills that we have already incurred. congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. far worse than the impact of a fiscal cliff. people will remember back in 2011, the last time this course of action was threatened, our entire recovery was put at...
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while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills they have already racked up through the laws they pass. let a repeat. we cannot not pay bills we have already incurred. if congress defuses to give the government the ability to pay these bills on time -- refuses to give the government the ability to pay these bills on time, consequences will be worse than the fiscal cliff. the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged. growth dropped. we cannot go down that path again. today's agreement in shrines in principle into law that will remain in place as long as i'm president. the deficit needs to be reduced in a way that is balanced. everyone pays their fair share. everyone does their part. that is how our economy works best. that is how we grow. the sum total of the agreements we reached so far proves there is a path forward. that it is possible. if we focus not on our politics, but on what is right for the country. the one thing i thin
while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills they have already racked up through the laws they pass. let a repeat. we cannot not pay bills we have already incurred. if congress defuses to give the government the ability to pay these bills on time -- refuses to give the government the ability to pay these bills on time, consequences will be worse than the fiscal cliff. the last time this course of action...
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while i'll negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws that they've passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will remember back in 2011 the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged, business investment plunged, growth dropped. we can't go down that path again. and today's agreement enshrines i think a principle into law that will remain in place as long as i am president. the deficit needs to be reduced in a way that's balanced. everyone pays their fair share. everyone does their part. that's how our economy works best. that's how we grow. the sum total of all the budget agreements we have reached so far proves that there is a path forwar
while i'll negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws that they've passed. let me repeat. we can't not pay bills that we've already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will...
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i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws that they have passed. let me repeat. we can't not pay the bills that we have already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. far worse than the impacts of the fiscal cliff. and people, they will remember back in 2011, the last time that this course of action was threatened, our entire recovery was put at risk, consumer confidence plunged, the business investment plunged and gross dropped. in today's agreement, they will remain in place as long as i am president. the deficit needs to be reduced in the way it is balanced as everyone needs to pay their fair share as everyone needs to pay their parts. that's how our economy works best. that's how we grow. the subtotal of all the budget agreements that we have reached so far proves that there is a path forward that it is possible. and if we focus not only on o
i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws that they have passed. let me repeat. we can't not pay the bills that we have already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic. far worse than the impacts of the fiscal cliff. and people, they will remember back in...
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, one last point i want to make, while i will negotiate over many things -- i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws that they passed. let me repeat -- we can't not pay bills that we have already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the impact of a fiscal cliff. people will remember back in 2011, the last time this course of action was threatened, our entire recovery was put at risk. consumer confidence plunged, business investment plunged, growth dropped. we can't go down that path again. today's agreement, enshrines a principle into law that will remain in place as long as i president. the deficit need to be reduced in a way that is balanced. everyone pays their fair share. everyone does their part. that's how our economy works best. that's how we grow. the sum total of all of the budget agreements we have reached so far proves that
, one last point i want to make, while i will negotiate over many things -- i will not have another debate with this congress over whether or not they should pay the bills that they have already racked up through the laws that they passed. let me repeat -- we can't not pay bills that we have already incurred. if congress refuses to give the united states government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic, far worse than the...
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. >> we will not have another debate with this congress over whether or not they should be the bills that they have already rack up. >> if the president thinks he 'not going to negotiate, he better thing again. >> john boehner signaled a return to a hard line on spending by delays a vote on aid to the victims of hurricane sandy. several members of his own party immediately and loudly blasted him this afternoon, including new jersey governor chris christie. the speaker has now scheduled a vote for friday and a second vote on january 15th. >>> and the speaker has just responded to that criticism through a spokesman this evening. nbc news correspondent mike viqueira is nbc's washington bureau right now. mike, how much support does the speaker have right now to stay in that position? >> you know, jim, that's a great question. there's been a lot of speculation over the last couple days. after all that turmoil yesterday, where there was a back and forth, a question whether house republicans would go along with the overwhelming bipartisan vote, there were republicans very angry about that v
. >> we will not have another debate with this congress over whether or not they should be the bills that they have already rack up. >> if the president thinks he 'not going to negotiate, he better thing again. >> john boehner signaled a return to a hard line on spending by delays a vote on aid to the victims of hurricane sandy. several members of his own party immediately and loudly blasted him this afternoon, including new jersey governor chris christie. the speaker has now...
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typically does and we will debate spending long term entitlements that in the next congress, in the next year. but republicans say we always say next year, next time and democrats don't want to get serious on spending reform, don't want to be serious on entitlement reform or tax refor. republicans feel like they constantly kicked the can and this is their best way to try to extract those cuts. other pub republicans say take the tax deal while you can. tax rates railroad increased up and down the, basically every tax bracket revoted to the clinton era rates. they have all gone up. at this point vote for the tax cut, get out of here, come back on january 3rd and use the debt ceiling to extract cuts from democrats that try to the if us to some sort of fiscal sanity here. >> then two months from now we deal with the spending cuts as well as the debt ceiling. they're at least keeping us, you know, employed here, rich. they're giving us plenty of things it talk about. >> yes. 2013 will seem to be a busy year in washington as the last five years have been. >> rich edson live from d.c. alwa
typically does and we will debate spending long term entitlements that in the next congress, in the next year. but republicans say we always say next year, next time and democrats don't want to get serious on spending reform, don't want to be serious on entitlement reform or tax refor. republicans feel like they constantly kicked the can and this is their best way to try to extract those cuts. other pub republicans say take the tax deal while you can. tax rates railroad increased up and down...
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. >> but get ready for another fiscal debate in the coming months. congress and the white house will likely clash over the debt ceiling. the government could reach our spending limit by the end of february and republicans won't likely agree to raising that limit without guarantees of spending cuts. >> your taxes are still about to go up. a 2% payroll tax cut just expired. that means you'll be paying about a thousand dollars a year more in taxes if you make $50,000 a year or more. economists warn that it could slow the country's economic growth by .7% in the coming year. on the flip side, that costs the government about $125 billion a year. overseas markets are reacting positively to the fiscal cliff vote. stocks were up nearly 2% in asia. asian markets were down on monday over fears that a deal would not get done. european stocks are also up right now. >>> this congressional term is not ending without some controversy. >> but i am deeply disappointed, mr. speaker, and the people who have been damaged by sandy, including governor christie, a republica
. >> but get ready for another fiscal debate in the coming months. congress and the white house will likely clash over the debt ceiling. the government could reach our spending limit by the end of february and republicans won't likely agree to raising that limit without guarantees of spending cuts. >> your taxes are still about to go up. a 2% payroll tax cut just expired. that means you'll be paying about a thousand dollars a year more in taxes if you make $50,000 a year or more....
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. >> i will not have another debate with this congress on whether not we should pay the bills they have already racked up. >> the president thinks he is not going to negotiate, think again. he is not emperor of the planet. >> it might take a default, another downgrade. serious economic consequences to told us back to some kind of reality. that is a frightening prospect. >> of the congressional scholar says it could look like a tribal war appear. >> the agreement doesn't address all the fiscal problems, but they're coming together to avoid part of the economic turmoil. >> i really admire the republicans that came together with us so that we would not go into sequestration. >> the lesson i hope we have learned is that democrats and republicans need to come together much earlier in the process and do it in an earlier way. >> we are breaking down how the last minute deal has fallen into place. lower and middle income taxpayers are big winners, but there are also big losers. we have the details on the mobile application. >> and now, your forecast of the chief meteorologist. >> moving across
. >> i will not have another debate with this congress on whether not we should pay the bills they have already racked up. >> the president thinks he is not going to negotiate, think again. he is not emperor of the planet. >> it might take a default, another downgrade. serious economic consequences to told us back to some kind of reality. that is a frightening prospect. >> of the congressional scholar says it could look like a tribal war appear. >> the agreement...
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Jan 2, 2013
01/13
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we're spending our way into oblivion. >> i will not have another debate over this congress whether or not they should pay the bills they've already racked up. >> the bill as amended is passed. >> 89-8. that is absolutely historic. >> new year's eve produced by a bunch of sleep deprived doctrinenaraians. >> it reminds me of the jokes where someone stopped hitting you in the head with a hammer and you're supposed to say thank you. we created this monster. >> the yeas are 267. the nays are 167. >> so we have this totally dysfunctional senate. therefore a dysfunctional congress. >> it's not a violation. >> technically these are still tax cuts? >> correct. >> a hopefully the new year will focus on less drama, not scare the heck out of folks quite as much. >> let's get right to our panel here with me are krystal ball one of the hosts of msnbc's "the cycle" and jimmy williams an msnbc contributor. krystal, the fiscal cliff fight may be over but we heard many of them looking forward to a debt ceiling fight where medicare and taxes will be fought over. do these people not learn anything from 2
we're spending our way into oblivion. >> i will not have another debate over this congress whether or not they should pay the bills they've already racked up. >> the bill as amended is passed. >> 89-8. that is absolutely historic. >> new year's eve produced by a bunch of sleep deprived doctrinenaraians. >> it reminds me of the jokes where someone stopped hitting you in the head with a hammer and you're supposed to say thank you. we created this monster. >>...
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Jan 2, 2013
01/13
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. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >>> wall street is ready to rally this morning after the late-night budget breakthrough in washington. >>> asian markets got a big boost over news of the agramt. >>> horng congress's hang seng gained nearly 3%. >>> sandy hook elementary students are about to head back to class three weeks after a shooting. classes return to a repurposed school. >>> an open house is set for today. >>> a shell oil rig has run aground off the coast of alaska. >>> no oil is leaking. all members have been evacuated. >>> they captured photos of justin bean 'eers car. >> but he wasn't driving, and he wasn't in the car at all. >>> what a hit! >> he says i'll take care of business. >>> all that -- >> a soldier's surprise homecoming at the rose parade in california. >> oh, that's beautiful. >> makes me cry. >>> -- and all that matters. >> members of congress are for russ after the house went home without voegt on a leaf bill for victims of hurricane sandy. >> absolutely defensive
. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up. >>> wall street is ready to rally this morning after the late-night budget breakthrough in washington. >>> asian markets got a big boost over news of the agramt. >>> horng congress's hang seng gained nearly 3%. >>> sandy hook elementary students are about to head back to class three weeks after a shooting. classes return...
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Jan 2, 2013
01/13
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nation's debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up. >>> wall street is ready to rally this morning, after the late night binlget etbudget break-through in washington. >> will this rally last? >>> sandy hook eleme y school students are about to head back to class three weeks after the shooting. classes resume thursday at a repurposed school in nearby monroe. students have toured the school and an open house is set for today. >>> the shell ail rig has run aground off the coast of alaska. no oil leaking. crew members were evacuated. >>> a paparazzi was killed while trying to get a picture of justin bieber. >> he's free he says i'll take care of business. >> all that a soldier's surprise homecoming at the rose parade in california. >> oh, that's beautiful. makes me cry. >> and all that matters. >> members of congress are furious after the house went home without voting on a relief bill for hurricane sandy victims. >> absolutely inexcusable, absolutely indefensible. we have a moral obligation t
nation's debt limit. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already wracked up. >>> wall street is ready to rally this morning, after the late night binlget etbudget break-through in washington. >> will this rally last? >>> sandy hook eleme y school students are about to head back to class three weeks after the shooting. classes resume thursday at a repurposed school in nearby monroe. students...
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Jan 2, 2013
01/13
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KRON
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while we negotiate over several things are will not have another debate with this congress over weather or not they should pay the bills that they have already racked up. through laws they have already passed. let me repeat. we cannot not pay bills that we have already incurred. congress refuses to give the united states government the ability to pay these bills on time. the consequences for the entire global economy will be catastrophic. far worse than the fiscal cliff. if you remember in 2011, the last time this course of march and was threatened, the entire recovery was put at risk. the super confidence plunged consumer confidence plunged. we cannot go down that path. today's agreement will chime in to the principle of the law as long as i am president. the deficit needs to be reduced with a more balanced budget. everybody pays their fair share everybody does their part. that is how or our economy works best. the son of a total of all the budget agreement's the we have reached so far proves that there is a payoff board. and it is possible if we focused not on our politics but on what
while we negotiate over several things are will not have another debate with this congress over weather or not they should pay the bills that they have already racked up. through laws they have already passed. let me repeat. we cannot not pay bills that we have already incurred. congress refuses to give the united states government the ability to pay these bills on time. the consequences for the entire global economy will be catastrophic. far worse than the fiscal cliff. if you remember in...